Tandem Financial LLC Takes Position in First Trust S&P 500 Diversified Dividend Aristocrats ETF (NASDAQ:KNGZ)

Tandem Financial LLC purchased a new stake in shares of First Trust S&P 500 Diversified Dividend Aristocrats ETF (NASDAQ:KNGZ) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 1,000 shares of the company’s stock, valued at approximately $32,000. Tandem Financial LLC owned 0.07% of First Trust S&P 500 Diversified Dividend Aristocrats ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of KNGZ. NBC Securities Inc. lifted its holdings in shares of First Trust S&P 500 Diversified Dividend Aristocrats ETF by 1,138.7% during the 3rd quarter. NBC Securities Inc. now owns 11,768 shares of the company’s stock valued at $404,000 after buying an additional 10,818 shares during the period. Woodmont Investment Counsel LLC bought a new position in First Trust S&P 500 Diversified Dividend Aristocrats ETF in the 3rd quarter worth $372,000. D.A. Davidson & CO. raised its holdings in First Trust S&P 500 Diversified Dividend Aristocrats ETF by 27.2% in the 3rd quarter. D.A. Davidson & CO. now owns 33,918 shares of the company’s stock worth $1,166,000 after purchasing an additional 7,258 shares during the period. International Assets Investment Management LLC bought a new position in First Trust S&P 500 Diversified Dividend Aristocrats ETF in the 4th quarter worth $233,000. Finally, Darwin Wealth Management LLC bought a new position in First Trust S&P 500 Diversified Dividend Aristocrats ETF in the 3rd quarter worth $111,000.

First Trust S&P 500 Diversified Dividend Aristocrats ETF Stock Performance

Shares of First Trust S&P 500 Diversified Dividend Aristocrats ETF stock opened at $33.09 on Friday. First Trust S&P 500 Diversified Dividend Aristocrats ETF has a one year low of $29.07 and a one year high of $35.34. The stock’s fifty day moving average is $33.13 and its 200 day moving average is $33.41. The stock has a market cap of $47.98 million, a P/E ratio of 15.51 and a beta of 0.83.

First Trust S&P 500 Diversified Dividend Aristocrats ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were issued a $0.2663 dividend. The ex-dividend date was Friday, December 13th.

First Trust S&P 500 Diversified Dividend Aristocrats ETF Profile

The First Trust S&P 500 Diversified Dividend Aristocrats ETF (KNGZ) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks a sector-neutral US large-cap index selected and weighted based on dividend history and yield. KNGZ was launched on Jun 20, 2017 and is issued by First Trust.